$245 is not really so bad. that’s about $2k today. I think a good quality mini electric motorcycle is easily $2k. ( gas power is less desirable today for a small portable vehicle you can fit in your car’s trunk)
Of course a $150 hoverboard is what most people would probably choose today if price is the primary factor, but having some cargo capacity and a decent range is nice.

My friend’s electric bike startup initially sold his design for $5,495. They were very nice e-bikes, but that’s a lot of dough.

The Honda Motocompo is a folding scooter sold by Honda 1981–1983. The Motocompo was introduced as a "Trunk Bike" to fit inside subcompact cars like the Honda Today and the then new Honda City. The City's baggage compartment was actually developed around the Motocompo. The handlebars, seat, and foot-pegs fold into the scooter's rectangular plastic body to present a clean, box-shaped package of 1185 mm L × 240 mm W x 540 mm H. Honda's initial monthly sales projection for the domestic market was 8,0...

The Vespa 150 TAP was an anti-tank scooter made in the 1950s from a Vespa scooter for use with French paratroops (troupes aéroportées, TAP). Introduced in 1956 and updated in 1959, the scooter was produced by Ateliers de Construction de Motocycles et Automobiles (ACMA), the licensed assembler of Vespas in France at the time. Modifications from the civilian Vespa included a reinforced frame and a three-inch recoilless rifle mounted to the scooter. The 150 TAPs mounted a M20 75 mm recoilless rifle,...

I can find either e-scooters with similar power for $2500 CDN or foldable e-bikes with less power for $2000 CDN. However I’d wager both are more comfortable and reliable than this little guy. Feels like a neat emergency vehicle than something you’d actually use much.

There used to be a company in London who you could call if you had driven somewhere and then drunk more than you expected- they would send someone out on a folding scooter like this who would put the scooter in the boot of your car and then drive you home in your car.